Invested

Organization Overview

Invested is located in Renton, WA. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Invested employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Invested is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Invested generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $5.1m during the year ending 06/2021. While expenses have increased by 29.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Invested has awarded 214 individual grants totaling $3,073,670. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ASSIST NEEDY STUDENTS IN WASHINGTON TO HELP THEM GET TO SCHOOL, STAY IN SCHOOL AND GRADUATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION WAS SELECTED AS THE NON-PROFIT PARTNER FOR ALL IN WA DIGITAL EQUITY INITIATIVE. FUNDS COLLECTED BY THE CAMPAIGN WERE USED TO PROVIDE URGENTLY NEEDED COMPUTERS, TABLETS, AND ONLINE ACCESS FOR STUDENTS LACKING ESSENTIAL TECH TOOLS DUE TO THE COVID-19 PANDEMIC. THE CAMPAIGN RAISED AND DISTRIBUTED $3,302,170 IN FUNDS TO 287 DISTRICTS DURING THE SCHOOL YEAR.


THE ORGANIZATION HAS A CHALLENGE MATCHING PROGRAM TO ENCOURAGE SCHOOLS TO GROW LOCAL SUPPORT FOR THE INVESTED PROGRAM AND STUDENT EQUITY THRU EVERY DONATION PROGRAM TO ALLOW DONORS TO DESIGNATE FUNDS TO BE USED AT SPECIFIC SCHOOLS. THE ORGANIZATION PROVIDED $75,743 IN MATCHING FUNDS AND $159,010 IN STUDENT EQUITY THRU EVERY DONATION FUNDS DURING THE YEAR. DURING THE 2020-2021 SCHOOL YEAR 323,290 STUDENTS WERE ASSISTED.


EACH FALL, THE ORGANIZATION PROVIDES AN INITIAL ROUND OF PROGRAM FUNDING DIRECTLY TO SECONDARY SCHOOLS TO MAKE FUNDS AVAILABLE FOR IMMEDIATE USE WITH MINIMAL BUREAUCRACY. WITH INPUT FROM THOSE WHO ARE CLOSEST TO THE STUDENTS - THEIR TEACHERS, COUNSELORS OR COACHES - THE SCHOOL'S LOCAL TEAM FUNDS ITEMS THAT SPECIFIC STUDENTS NEED, BUT CANNOT AFFORD, ALLOWING THEM TO PARTICIPATE FULLY IN SCHOOL. SPECIFIC NEEDS INCLUDE ACTIVITY FEES, MUSICAL INSTRUMENT RENTAL, UNIFORMS OR CLOTHING, OR TEST FEES.


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Board, Officers & Key Employees

Name (title)Compensation
Joyce A Walters
Executive Director
$118,835
Sandi Bennett-Scott
President
$0
Patrick Leonard
1st Vice President
$0
Andy Knapp
Secretary
$0
Trish Millines Dziko
2nd Vice President
$0
Sourabh Mathur
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $389,534
All other contributions, gifts, grants, and similar amounts not included above$4,068,754
Noncash contributions included in lines 1a–1f $50,000
Total Revenue from Contributions, Gifts, Grants & Similar$4,458,288
Total Program Service Revenue$0
Investment income $169,770
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $468,045
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,096,103

Grants Awarded

Over the last fiscal year, Invested has awarded $1,640,730 in support to 73 organizations.

Grant RecipientAmount

RENTON SCHOOL DISTRICT

PURPOSE: IMMEDIATE ASSISTANCE TO STUDENTS

$131,710

SEATTLE SCHOOL DISTRICT

PURPOSE: IMMEDIATE ASSISTANCE TO STUDENTS

$75,310

SPOKANE SCHOOL DISTRICT

PURPOSE: IMMEDIATE ASSISTANCE TO STUDENTS

$75,110

TACOMA SCHOOL DISTRICT

PURPOSE: IMMEDIATE ASSISTANCE TO STUDENTS

$74,030

FEDERAL WAY SCHOOL DISTRICT

PURPOSE: IMMEDIATE ASSISTANCE TO STUDENTS

$63,770

KENT SCHOOL DISTRICT

PURPOSE: IMMEDIATE ASSISTANCE TO STUDENTS

$61,010
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Invested has recieved totaling $1,688,770.

Awarding OrganizationAmount
The Seattle Foundation

Seattle, WA

PURPOSE: VASHON HIGH SCHOOL; TO PROVIDE GENERAL SUPPORT; ALL IN WA DIGITAL EQUITY INITIATIVE

$1,565,339
Thompson Family Foundation

Seattle, WA

PURPOSE: TO PROVIDE FOR OPERATIONS

$45,000
Seattle Seahawks Charitable Foundation

Seattle, WA

PURPOSE: SUPPORT DIGITAL EQUITY FOR YOUTH

$35,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$23,431
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$14,500
First Federal Community Foundation

Port Angeles, WA

PURPOSE: COMMUNITY SUPPORT

$5,000
View Grant Recipient Profile

Peer Organizations

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